At present, the spark plugs are used to trigger the discharge in the pulsed plasma thruster (PPT), which has been known to be life-limiting component, due to plasma corrosion and carbon deposition.The strong electric field could be formed in cathode triple junction (CTJ) to achieve trigger function under vacuum condition. We propose an induction triggered electrode structure on the basis of CTJ trigger principle. The induction triggered electrode structure could increase the electric field strength of CTJ with the electrode voltage unchanged, contributing to the reduction of electrode breakdown voltage. Additionally, it can maintain the plasma generation effect when the breakdown voltage is reduced in the discharge experiments. The induction triggered electrode structure could ensure the trigger effectively when the ablation distance of Teflon increases, and the magnetic field produced by discharge current could further improve the plasma density and propagation velocity. The induction triggered coaxial PPT we propose has simplified trigger structure, and it is an effective attempt to optimize the micro-satellite thruster.